Dow Jones Newswires: Deutsche Lufthansa confirms forecasts as it sees strong summer travel ahead


Deutsche Lufthansa confirmed its forecasts for the year as it expects a strong summer travel season after posting higher revenue and narrower losses for the first quarter.

The German carrier group XE:LHA on Wednesday posted revenue of 7.02 billion euros ($7.72 billion) for the three months to the end of March, up 40% on year thanks to strong bookings for the summer months. The group carried 22 million passengers in the quarter, up from 13 million last year.


This article was originally published by Read the original article here.

Previous articleWill Wall Street need to force Washington’s hand toward debt-ceiling resolution?
Next article: Guess names Markus Neubrand its new CFO


Please enter your comment!
Please enter your name here